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License And Service Agreement
"I need a License And Service Agreement for my Singapore-based software company to license our new AI analytics platform to enterprise clients, including implementation services and ongoing support, with specific emphasis on data protection compliance and service level commitments."
1. Parties: Identification and details of the licensor and licensee
2. Background: Context of the agreement and brief description of the business relationship
3. Definitions: Key terms used throughout the agreement
4. License Grant: Scope, terms, and limitations of the license
5. Services: Description of services to be provided
6. Fees and Payment: Payment terms, pricing, and billing arrangements
7. Intellectual Property Rights: Ownership and protection of IP
8. Confidentiality: Protection of confidential information
9. Term and Termination: Duration and termination conditions
10. Governing Law: Singapore law provisions and jurisdiction
1. Service Level Agreement: Specific performance metrics and standards for ongoing services with measurable performance criteria
2. Data Protection: PDPA compliance and data handling procedures for personal data processing
3. Export Control: Export restrictions and compliance for international licensing arrangements
4. Insurance: Insurance requirements and coverage for significant liability risks
5. Change Control: Procedures for implementing changes in long-term or complex service arrangements
1. Schedule 1 - Licensed Products: Detailed description of licensed software/products
2. Schedule 2 - Service Description: Detailed scope of services
3. Schedule 3 - Service Levels: Performance metrics and KPIs
4. Schedule 4 - Fee Schedule: Detailed pricing and payment terms
5. Schedule 5 - Technical Requirements: Technical specifications and requirements
6. Appendix A - Data Processing Agreement: PDPA compliance details
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